The Indian market failed to sustain momentum and closed in the red on Friday, tracking muted global cues.The BSE Sensex declined nearly 200 points, while the Nifty50 managed to close above the 23,500 level.
In the Nifty500 pack, 11 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 16, according to stockedge.com’s technical scan data.
Gold prices experienced a slight dip in early Asian trading due to a stronger dollar and easing market concerns after President Trump suggested he wouldn’t
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